EXPLORE 2050 MANUFACTURING LIMITED

1. EXPLORE 2050 MANUFACTURING LIMITED 2022-04-01 → present
2. EXPLORE MANUFACTURING LIMITED 2009-12-10 → 2022-04-01
3. MALLING PRODUCTS LIMITED 2000-07-26 → 2009-12-10

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis, which assumes that the Company will continue in operational existence for the foreseeable future. The Company's Directors continue to adopt the going concern basis in preparing the financial statements. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. EXPLORE 2050 MANUFACTURING LIMITED · parent
   1. Glass Reinforced Concrete UK Limited 100% · England and Wales · Applied for voluntary strike off

Significant events

• “On 30 June 2025, the Group signed a purchase agreement for the purchase of the trade and assets of the plant hire business of Explore Transport Limited, which completed on 31 July 2025. On completion, the Group also signed a sale agreement for its 50 per cent equity interest in Explore Transport Limited which includes the Group's effective equity interest of 35 per cent in Prigmore Haulage Limited, a subsidiary of Explore Transport Limited.”
• “Subsequent to 31 March 2025, the Company's subsidiary undertaking Glass Reinforced Concrete UK Limited has commenced an application for voluntary strike off.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -5.9%

  £149,106,000 → £140,343,000

• Cash

  —

  Not reported

• Net assets

  +24.5%

  £52,583,000 → £65,453,000

• Employees

  —

  Not reported

• Operating profit

  +91.2%

  £7,425,000 → £14,196,000

• Profit before tax

  +94.5%

  £7,174,000 → £13,957,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers